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Vedanta’s Cairn adds ex-BP exec as COO to drive innovation and foster growth

Cairn has appointed a former executive of BP as a COO in its quest to drive innovation and foster growth to double India’s crude production. The post Vedanta’s Cairn adds ex-BP exec as COO to drive...

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Standard Drilling sells vessel for $10.3 million

Offshore vessel operator S.D. Standard Drilling has sold one of its large-sized platform supply vessels (PSVs) for $10.3 million. The post Standard Drilling sells vessel for $10.3 million appeared...

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Harbour Energy finds ‘marginal’ hydrocarbon accumulations in North Sea well

Harbour has completed the drilling of the Dunnottar exploration well in the UK North Sea, encountering marginal hydrocarbon accumulations. The post Harbour Energy finds ‘marginal’ hydrocarbon...

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Vaalco files $150 million shelf registration to support ‘growth objectives’

Vaalco Energy has filed a $150 million shelf registration statement with the SEC to support the pursuit of ‘future growth objectives.’ The post Vaalco files $150 million shelf registration to support...

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Gas filling of second Nord Stream 2 string all done

The gas-in procedure for the second string of the Nord Stream 2 pipeline has […] The post Gas filling of second Nord Stream 2 string all done appeared first on Offshore Energy.

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Russia’s oil output to rise by 5 per cent in 2022

Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022. The post Russia’s oil output to rise by 5 per cent in 2022 appeared first on Offshore...

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Petronas forecasts more uncertainty for oil & gas as energy transition takes...

Petronas is anticipating further uncertainty for oil & gas business as the energy transition sets new challenges and spreads over the sector. The post Petronas forecasts more uncertainty for oil...

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Middle East facing uphill battle to meet net-zero, S&P Global Platts says

S&P Global Platts Analytics expects the Middle East to struggle to reach net-zero targets as emissions from oil & gas are expected to rise. The post Middle East facing uphill battle to meet...

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Equinor cleared to use Odfjell rig for North Sea well

Equinor has received consent from the Norwegian regulator to use the Deepsea Stavanger rig for exploration drilling in the North Sea. The post Equinor cleared to use Odfjell rig for North Sea well...

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In focus: Working together towards a sustainable future

The energy transition process is moving ahead with each passing day as witnessed in […] The post In focus: Working together towards a sustainable future appeared first on Offshore Energy.

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IOG spuds North Sea well after overcoming technical issues

IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues. The post IOG spuds North Sea well after overcoming technical issues appeared...

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Carnarvon spuds Buffalo well with hopes for economic success to support...

A Valaris-owned jack-up drilling rig has started operations at the Buffalo-10 well located in the Timor Sea for Carnarvon Energy. The post Carnarvon spuds Buffalo well with hopes for economic success...

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Happy New Year from Offshore Energy team

Happy New Year from Offshore Energy team The post Happy New Year from Offshore Energy team appeared first on Offshore Energy.

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Azerbaijan’s oil output drops down considerably from 2020 figures

Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures. The post Azerbaijan’s oil output drops down considerably...

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U.S. offshore rig count flat for two weeks

The number of offshore rigs in the U.S. is stuck at 15 units for the second week in a row, according to Baker Hughes' weekly rig count report. The post U.S. offshore rig count flat for two weeks...

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Petrobras to develop Sergipe-Alagoas fields with two FPSOs

Petrobras has submitted a declaration of commerciality to the country's authorities for fields in the Sergipe-Alagoas Basin off Brazil. The post Petrobras to develop Sergipe-Alagoas fields with two...

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‘Momentous milestone’ for QatarEnergy as contract for North Field expansion...

QatarEnergy has awarded a major EPCI contract for the offshore scope of its North Field Expansion Project to McDermott. The post ‘Momentous milestone’ for QatarEnergy as contract for North Field...

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Equinor kicks off drilling operations in Norwegian Sea

Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig. The post Equinor kicks off drilling operations in Norwegian Sea...

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Valaris strikes new long-term deals with ARO Drilling

Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs. The post Valaris strikes new long-term deals with ARO Drilling appeared first on...

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Enauta keeping Brazilian gas field in its portfolio after all

Enauta will be keeping its interest in a gas field off Brazil as the conditions for the sale of its interest in the field have not been met. The post Enauta keeping Brazilian gas field in its portfolio...

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